NewsEarningsGTPL Hathway Reports Strong Q3FY26 Results with 8.9% Profit Growth, Shares Jump 12%GTPL Hathway Reports Strong Q3FY26 Results with 8.9% Profit Growth, Shares Jump 12%
GTPL Hathway reported strong Q3FY26 results with consolidated net profit growing 8.9% to ₹11.00 crore and revenue increasing 5.1% to ₹932.60 crore. EBITDA improved 7.2% to ₹113.30 crore with margin expansion to 12.1%. The cable TV business maintained 9.40 million active subscribers while broadband operations added 18,000 subscribers with 4% revenue growth to ₹143.00 crore. Following these results, shares jumped over 12% in early trading.
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GTPL Hathway shares surged over 12% in early trading following the release of strong third-quarter results for FY26. The stock rallied as much as 12.8% to ₹108.90 on the BSE, reflecting positive investor sentiment toward the company's financial performance and operational improvements.
Financial Performance Highlights
The company delivered solid growth across key financial metrics during the December quarter. GTPL Hathway reported consolidated net profit growth of 8.9% year-on-year, while revenue from operations expanded by 5.1% compared to the same period last year.
| Financial Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Net Profit | ₹11.00 cr | ₹10.10 cr | +8.9% |
| Revenue from Operations | ₹932.60 cr | ₹887.20 cr | +5.1% |
| EBITDA | ₹113.30 cr | ₹105.70 cr | +7.2% |
| EBITDA Margin | 12.1% | 11.9% | +20 bps |
The improvement in EBITDA margin to 12.1% from 11.9% in the year-ago period demonstrates enhanced operational efficiency and cost management.
Cable TV Business Performance
GTLP Hathway's cable TV segment maintained a robust subscriber base with 9.40 million active subscribers and 8.70 million paying subscribers as of December 31, 2025. The subscription revenue from Cable TV operations stood at ₹297.00 crore for Q3FY26.
The company launched GTPL Infinity to enable pan-India, HITS-based content delivery at scale, supporting its expansion strategy. GTPL Hathway is actively expanding its presence across multiple states including Andhra Pradesh, Telangana, Tamil Nadu, the Northeast, Haryana, Uttarakhand, and Chhattisgarh.
Broadband Segment Growth
The broadband business showed encouraging growth momentum with subscriber base increasing by 18,000 year-on-year. Revenue from broadband operations grew 4% to ₹143.00 crore for Q3FY26.
| Broadband Metrics | Q3FY26 Performance |
|---|---|
| Revenue Growth | +4% YoY to ₹143 cr |
| ARPU | ₹465 per month |
| Homepass Network Reach | 5.95 million |
| FTTX Conversion Ready | 75% of homepass network |
| Average Data Consumption | 410 GB per month (+12% YoY) |
The average data consumption per customer increased by 12% year-on-year to 410 GB per month, indicating higher engagement and usage among subscribers.
Share Price Performance
Despite the strong quarterly results driving Tuesday's rally, GTPL Hathway shares have faced headwinds over longer time periods. The stock gained 5% over one month but declined 10% in six months. Over the past year, shares have fallen 15%, while the five-year performance shows a decline of 33%. At 10:00 AM on Tuesday, GTPL Hathway shares were trading 3.11% higher at ₹99.50 on the BSE.
Historical Stock Returns for GTPL Hathway
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.86% | -0.02% | -0.66% | -14.23% | -18.75% | -34.39% |
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